INSPIRE VETERINARY PARTNER - IVP STOCK NEWS

Inspire Veterinary Partners (Nasdaq:IVP) reported its full year 2024 financial results, showing flat total revenue of $16.6 million. The company saw a 3% increase in services revenue to $12.2 million, while product revenue declined 8% to $4.4 million.

Operating expenses increased 7% due to the Valley Veterinary practice acquisition and consulting contracts. The net loss decreased by 4% to $14 million. The company ended 2024 with $0.5 million in cash and subsequently secured $2.0 million through a registered direct offering in March 2025, with potential for additional $4.0 million from warrant exercises.

Post-2024 developments include new leadership appointments, engagement with STNL Advisors for real estate strategy, and a non-binding LOI to acquire a Florida animal hospital potentially adding $1.8 million in revenue.

Inspire Veterinary Partners (NASDAQ:IVP), a U.S. pet healthcare services provider, has closed a registered direct offering priced at-the-market, raising $2.0 million in gross proceeds. The offering includes 1,092,896 shares of common stock (or pre-funded warrants), along with Series A and B warrants to purchase additional shares.

The purchase price is set at $1.83 per share with accompanying warrants. The Series A warrants have a 5-year term while Series B warrants expire in 18 months, both exercisable after stockholder approval. An additional $4.0 million could be raised if all warrants are exercised, though there's no guarantee of exercise.

The company plans to use the net proceeds for working capital, general corporate purposes, strategic investments, and potential future acquisitions. D. Boral Capital served as the exclusive placement agent for this offering.

Inspire Veterinary Partners (NASDAQ:IVP), a U.S. pet healthcare services provider, has announced a registered direct offering expected to close around March 26, 2025. The company will raise $2.0 million through the sale of 1,092,896 shares of common stock (or pre-funded warrants) at $1.83 per share, along with Series A and B warrants.

The offering includes Series A warrants exercisable for 5 years and Series B warrants exercisable for 18 months from the Stockholder Approval Date, potentially providing an additional $4.0 million if fully exercised. D. Boral Capital is serving as the exclusive placement agent, with The Crone Law Group, PC and Sichenzia Ross Ference Carmel LLP providing legal counsel.

Inspire Veterinary Partners (Nasdaq:IVP) has signed a non-binding letter of intent to acquire a central Florida-based animal hospital. The proposed acquisition could:

• Add approximately $1.8 million in unaudited revenue
• Increase IVP's Florida locations to 5
• Bring total network hospitals to 14

The multi-doctor general practice offers comprehensive companion animal services, including surgical procedures, dental care, and wellness care. The transaction is expected to close in Q2 2025, subject to due diligence and a definitive agreement. The acquisition aligns with Inspire's growth strategy in the Florida veterinary market, where they currently operate four animal hospitals.

Inspire Veterinary Partners (Nasdaq:IVP) has registered the trade name 'Family Pet Care' in Maryland as part of its expansion plans in the Mid-Atlantic region.

The company aims to replicate the design of its state-of-the-art Family Pet Care facility in Sugarland, Texas, across new and existing locations. This modern clinic framework focuses on providing high-quality pet care and comfort for clients and their pets.

Kimball Carr, President & CEO of Inspire, stated that the Sugarland facility was purpose-built around the needs of the care team and clients, incorporating veterinary teams' guidance into its design. Inspire looks forward to further growth in the Mid-Atlantic region and plans to announce new facilities in the future.

Inspire Veterinary Partners (Nasdaq:IVP), a provider of pet health care services in the U.S., has announced its engagement with STNL Advisors, a full-service net lease advisory firm. The partnership aims to review and optimize IVP's real estate portfolio.

STNL will provide strategic guidance in several key areas:

• Project and development services
• Procuring growth capital and financing
• Expansion strategy
• Site selection and location analysis
• Economic and demographic analysis

The collaboration will support Inspire's growth into new markets while focusing on building and modernizing existing and new clinics to better serve their clients.

Inspire Veterinary Partners (NASDAQ:IVP) has issued a corporate update highlighting its 2024 performance and 2025 outlook. The company has regained Nasdaq compliance for both bid price and shareholder equity requirements. Despite facing market challenges in 2024, IVP implemented several operational improvements, including:

- Enhanced systems integration across accounting, practice management, and KPI reporting
- Improved clinical recruiting and talent selection processes
- Strengthened relationships with major suppliers
- Debt reduction initiatives while maintaining growth focus
- Development of an ESOP equity plan for launch in 2025

The company maintains a differentiated approach in veterinary medicine, offering competitive benefits and flexible employment structures for veterinarians, including no non-compete restrictions and no negative earnings accruals. Looking ahead, IVP plans to focus on core business growth, M&A opportunities, and new vertical expansion while maintaining conservative forecasting and valuation approaches.

Inspire Veterinary Partners (Nasdaq:IVP) has appointed Samantha A. Ciulla as Director of Business Development. With over a decade of leadership experience in the veterinary sector, Ciulla will oversee business development, including market expansion, partnerships, and strategic acquisitions.

Ciulla joins IVP from Sterling Point Advisors, where she served as Managing Director. Her previous roles include Director of Partnership Development at Veterinary Practice Partners, Vice President of Veterinary Innovative Partners, and positions at VCA (now Mars Veterinary Health). She brings extensive experience in acquisition integration, relationship management, and strategic business development.

CEO Kimball Carr highlighted Ciulla's expertise in veterinary care and her relationships within the industry as key assets for developing IVP's acquisition and partnering strategy. Ciulla holds an MBA in Human Resource Management from Keller Graduate School of Management.

Inspire Veterinary Partners (Nasdaq:IVP) has announced a 1-for-25 reverse stock split effective January 27, 2025, at 12:01am Eastern Time. The split will reduce the company's authorized Common Stock from 36,998,148 to 1,479,926 shares, with corresponding adjustments to equity awards, warrants, and convertible notes.

The primary purpose of this reverse split is to achieve compliance with Nasdaq's $1.00 minimum bid price requirement to maintain listing. The stock will continue trading under the symbol 'IVP' with a new CUSIP number 45784E304. All stockholders' percentage interests remain unchanged, and fractional shares will be rounded up.

The board approved this decision on November 6, 2024, and as a Nevada , shareholder approval was not required since both authorized and outstanding shares are being proportionally reduced.